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31 January 2025 | 9 replies
If you did finance some of the purchase using a non-recourse loan, then you need to read up on UBTI/UDFI and there are some taxation benefits that the IRA can achieve since it now owes taxes in that scenario.
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23 January 2025 | 5 replies
Send me a PM and I'll send you a couple of examples of what is on the market outside of Atlanta so you can run your numbers and see if that fits.
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23 January 2025 | 3 replies
Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure.
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7 February 2025 | 10 replies
She moved out a few days before the court hearing, so I canceled the eviction and sent her to collections for nearly $13,000.Fast forward 10 months.
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5 February 2025 | 9 replies
I then did some wholesaling, land flipping, did some more buying and am now just doing lending to build up active income.
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27 January 2025 | 12 replies
Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?
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7 February 2025 | 3 replies
But you don’t need a new lease to make a security deposit amendment, that’s just a one page amendment.
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3 February 2025 | 5 replies
Typically, most cities allow for 30 day minimum rentals.
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3 February 2025 | 6 replies
Quote from @Jessica Young: Hey everyone, I'm an owner in a tiny HOA in Florida and the owners want to either ban smoking entirely or make a designated area.
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26 January 2025 | 14 replies
I recommend terminating their lease now.